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Showing 681 - 690 of 10550 results for "BEI"

Platforms placate fee consent ordeal: SuitabilityHub

KARREN VERGARA  |  MONDAY, 17 FEB 2025
Platforms have vastly improved their bulk processing capabilities, particularly as financial advisers come to dread the new fee consent renewal process, SuitabilityHub managing director Recep Peker says. This is one of the main findings in SuitabilityHub's ...

Fiducian FUMAA swell to $14.4bn

KARREN VERGARA  |  MONDAY, 17 FEB 2025
Fiducian Group reported an 11% increase in funds under management, administration, and advice (FUMAA) to $14.4 billion thanks to improved inflows and the steady rise of the financial markets. The funds management business saw assets grow by 16% in the ...

Centaur goes self-licensed, appoints former dealer group head

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
Financial planning firm Centaur Financial Services has moved to its own AFSL and made a key hire in the process. Since 2015, Centaur has operated under a co-op licence with RFS Advice, Evalesco, and Guide Financial to reduce costs. However, Centaur ...

ART, MLC AM, HESTA name directors

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
Former Bendigo and Adelaide Bank chief Marnie Baker and former Brighter Super director Jennifer Thomas have joined the Australian Retirement Trust Board. Both directors bring extensive experience to the ART board. Baker spent 35 years with Bendigo ...

CBA's 'Cinderella story' over: Analysts

ELIZA BAVIN  |  THURSDAY, 13 FEB 2025
Commonwealth Bank of Australia (CBA) delivered another strong half yearly result this week, reporting net profit after tax of $5.14 billion. Yet, despite the continued strong performance, analysts are highly conscious of how overvalued the bank might ...

Industry fund insurance bungle adds fuel to mounting outrage

ANDREW MCKEAN  |  THURSDAY, 13 FEB 2025
Rest is the latest fund to botch its handling of insurance - this time for incorrectly charging uninsured members for coverage - adding to a growing pile of industry failures. Rest's mishandling comes as other major superannuation funds have been caught ...

Local family office backs new venture to invest in climate tech

ANDREW MCKEAN  |  WEDNESDAY, 12 FEB 2025
The family office of Daniel Besen has become an anchor investor in new venture capital firm Climate Tech Partners, investing in "innovative software and hardware companies" accelerating decarbonisation. Climate Tech Partners was founded by Patrick Sieb ...

Global X launches Russell 2000 ETF

ANDREW MCKEAN  |  WEDNESDAY, 12 FEB 2025
Global X ETFs has launched Australia's only exchange-traded fund (ETF) tracking the Russell 2000 Capped Index. The Global X Russell 2000 (ASX: RSSL) offers exposure to small cap stocks listed in the US. The index has higher weightings in financials ...

Finance workers worry about job displacement from AI, government urged to take action

KARREN VERGARA  |  WEDNESDAY, 12 FEB 2025
Financial services employees worry their jobs are being increasingly upended by artificial intelligence (AI), as an inquiry asks the government to urgently balance technological advancements and potential job displacements. The Future of Work report ...

ETF industry passes $250bn mark

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2025
Positive market performance and record inflows have seen the Australian ETF industry surpass $250 billion in funds under management (FUM), according to the Betashares January ETF review. The industry saw $4.6 billion in net flows with the total market ...